The operating services agreement are contractual undertakings that takes place between the customers and the service providers. The main purpose of these agreements is to ensure that both the service provider agencies and the customers carry out their responsibilities towards each other efficiently.
The operating services agreement comprises of various vital information’s such as; the benefits and services that would be provided to the customers by the agencies, the quality of services that the customers can expect of the agency, the type of delivery of the services, the aspects that the service provider will keep in mind in order to monitor the services, the total time period of the agreement and the terms and conditions for making any type of modifications in the service agreement.
The operating services agreement generally varies on the size and complexity. The insurance policies associated with the agreements may also change accordingly. The agreements are also governed by the local, state and federal agencies.
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